MillerKnoll

MillerKnoll, Inc. engages in the research, design, manufacture, and distribution of interior furnishings for use in various environments including office, healthcare, educational, and residential settings. It operates through the following segments: North America Contract, International Contract, Retail, and Corporate. The North America Contract segment includes the operations associated with the design, manufacture, and sale of furniture and textile products for work-related settings throughout the United States and Canada. The International Contract segment covers operations in the Europe, Middle East, Africa, Latin America, and Asia-Pacific geographic regions. The Retail segment focuses on the sale of modern design furnishings and accessories to third party retail distributors. The Corporate segment consists of unallocated expenses related to general corporate functions including certain legal, executive, corporate finance, information technology, administrative, and acquisition-related costs. The company was founded by Dirk Jan de Pree in 1905 and is headquartered in Zeeland, MI.

Earnings data Q3 2021

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MillerKnoll Exceeds Q2 Expectations, Eyes Global Expansion and Workplace Trends

MillerKnoll's Q2 performance exceeded expectations, with a focus on expansion, product innovation, and adapting to changing workplace dynamics. While facing challenges in demand and inventory, the company is poised to benefit from global expansion and evolving workplace trends.

MillerKnoll beats earnings expectations, eyes international growth amid challenges

MillerKnoll delivered strong earnings and margin improvement despite challenges in retail and economic conditions.
Operational efficiencies and strategic focus on international expansion and premium products drove financial performance.
While facing temporary headwinds, the company is poised to benefit from backlog stabilization and improved order patterns.
Efforts to reduce expenses and leverage merger synergies position MillerKnoll for future growth and market opportunities.

MillerKnoll reports strong Q4 earnings, eyes consumer comeback in '24

MillerKnoll's Q4 performance reflects resilience and strategic focus, with a positive outlook for future growth. While facing challenges of softer demand and seasonal lows, the company remains confident in its long-term industry health and strategies. Opportunities in consumer trends and office evolution present avenues for growth and performance improvement.

MillerKnoll reports robust Q1 earnings, eyes international growth opportunities

MillerKnoll's Q1 2024 earnings call highlighted strong performance, margin expansion, and resilience strategies. Challenges in international markets and supply chain disruptions were noted. Opportunities for growth include demand stabilization, margin expansion, and operational enhancements.

MillerKnoll reports strong Q2 earnings, focuses on diversification and growth

MillerKnoll delivered strong earnings performance, improved margins, and increased full-year EPS guidance. Despite challenges, the company remains optimistic about its performance and emphasized the importance of order growth for future progress.

MillerKnoll boosts margins and anticipates growth amidst market challenges

MillerKnoll (MLKN) delivered a resilient performance in Q3 2024, showcasing strength in improving gross margins, operational efficiency, and strategic market positioning.
Despite challenges from lower sales volume and subdued housing demand, the company's focus on enhancing customer experience and driving demand presents growth opportunities.
Anticipated sales and earnings growth in the upcoming fiscal year, along with strategic initiatives to boost demand and expand market presence, position MillerKnoll for future success.
The company's adaptability to changing market dynamics, coupled with a proactive approach to cost-saving measures and enhancing market presence, underscores its resilience and growth potential.

MillerKnoll Reports Strong FY 2024 Close, Optimistic Outlook

MillerKnoll's Q4 FY 2024 earnings call highlighted a strong finish to the year with promising growth in orders and margins, despite some sales declines. The company is poised for future growth, backed by strategic investments and operational efficiencies. The outlook for FY 2025 remains positive with expected increases in sales and earnings.

MillerKnoll reports Q1 growth, delays revenue recognition, eyes expansion

MillerKnoll's Q1 2025 showcased strong order growth but faced revenue delays, with a focus on expanding contract and retail businesses for future success.
Despite challenges in segment performance, the company maintains confidence in its full-year earnings guidance and financial stability.
Analyst queries centered on key operational aspects indicate a proactive approach to addressing market dynamics and optimizing performance for sustained growth.

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MillerKnoll, Inc. engages in the research, design, manufacture, and distribution of interior furnishings. It operates through the following segments: Americas Contract, International Contract and Specialty, Global Retail, and Corporate. The Americas Contract segment refers to the operations associated with the design, manufacture, and sale of furniture products throughout North and South America. The International Contract and Specialty segment includes the operations associated with the design, manufacture, and sale of furniture products through an independent dealership network in Europe, the Middle East, Africa, and Asia-Pacific. The Global Retail segment is involved in the global operations associated with the sale of modern design furnishings and accessories to third party retailers. The Corporate segment relates to general corporate functions, including, but not limited to, certain legal, executive, corporate finance, information technology, administrative, and acquisition-related costs. The company was founded by Dirk Jan de Pree and Kevin J. Veltman in 1905 and is headquartered in Zeeland, MI.

ZEELAND, Mich. , Sept. 26, 2023 /PRNewswire/ -- MillerKnoll Inc.  (NASDAQ: MLKN) today reported results for the first quarter of fiscal year 2024 which ended September 2, 2023.

MillerKnoll, Inc. Reports First Quarter Fiscal 2024 Results

Customers are invited to experience the best of the MillerKnoll collective in one dynamic space DALLAS , Sept. 14, 2023 /PRNewswire/ -- MillerKnoll (NASDAQ: MLKN), a global leader in design, is opening the doors to its first showroom incorporating both the Herman Miller and Knoll brands, among others.

First MillerKnoll Showroom Debuts in Dallas, Texas

MillerKnoll, a designer and manufacturer of interior furnishings, has seen its stock rally recently off multi-year lows. The company operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. Despite myriad challenges, MillerKnoll expects to maintain flat earnings in FY24 and has made progress on its balance sheet.

MillerKnoll Stock: On A Roll

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ZEELAND, Mich. , Aug. 29, 2023 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ: MLKN) will announce its financial results for the first quarter of fiscal 2024 on Tuesday, September 26, 2023 after the stock market closes.

MillerKnoll Schedules First Quarter Fiscal 2024 Conference Call and Webcast

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Strong Small-Cap Insider Buys: Q2 2023

MillerKnoll, Inc. (NASDAQ:MLKN ) Q4 2023 Earnings Call Transcript July 12, 2023 5:00 PM ET Company Participants Carola Mengolini - Vice President, Investor Relations Andi Owen - Chief Executive Officer Jeff Stutz - Chief Financial Officer John Michael - President, Americas Contracts Conference Call Participants Greg Burns - Sidoti & Company Budd Bugatch - Water Tower Research Reuben Garner - Benchmark Company Alex Fuhrman - Craig-Hallum Capital Group Operator Good evening, and welcome to MillerKnoll's Fourth Quarter Earnings Conference Call. As a reminder, this call is being recorded.

MillerKnoll, Inc. (MLKN) Q4 2023 Earnings Call Transcript

MillerKnoll (MLKN) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.58 per share a year ago.

MillerKnoll (MLKN) Tops Q4 Earnings and Revenue Estimates

Shares of MillerKnoll Inc. MLKN, +3.39% dropped more than 4% in the extended session Wednesday after the maker of office and home furniture and furnishings reported fiscal third-quarter sales below Wall Street expectations, pinning the shortcoming on “challenging macro-economic conditions.” MillerKnoll earned $400,000, or a penny a share, in the quarter, compared with $14.4 million, or 19 cents a share, in the year-ago period.

MillerKnoll shares drop after company's quarterly sales disappoint

ZEELAND, Mich. , July 12, 2023 /PRNewswire/ -- MillerKnoll Inc. (NASDAQ: MLKN) today reported results for the fourth quarter and full year fiscal 2023 which ended June 3, 2023.

MillerKnoll, Inc. Reports Fourth Quarter and Fiscal 2023 Results

MillerKnoll, Inc NASDAQ: MLKN has much to offer investors, with shares trading at only 8X its earnings outlook. The stock yields more than 5.0% and has a stable distribution outlook that income investors will like.

High-Yield MillerKnoll, Inc.: Value or Value Trap?

New products and an exhibit celebrating 100 years of its graphic design history provide a unique glimpse into the brand's past and future ZEELAND, Mich. , June 12, 2023 /PRNewswire/ -- Herman Miller weaves together past, present, and future in its Chicago flagship at Fulton Market with an archival exhibition charting a century of the company's graphic design, new products designed by Tokyo-based Naoto Fukasawa and German industrial designer Stefan Diez, a survey of the company's imprint on the healthcare industry, and a refreshed showroom that blends Herman Miller's unique perspective on workspace, office seating, and ancillary environments.

Herman Miller Presents New Products and Celebrates Its Rich History During MillerKnoll Design Days

MillerKnoll, a producer and distributor of office furniture and home furnishings, has a strong presence with over 16 brands and thousands of clients. The company's investment thesis focuses on diversified revenue growth, margin expansion, and a balanced capital deployment strategy. Despite concerns about work-from-home pressures and reduced office demand, MillerKnoll's operational strength and growth potential make it a 'buy' rating for investors.

MillerKnoll Defies Work-From-Home Pressures For Now

ZEELAND, Mich. , June 1, 2023 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ: MLKN) will announce its financial results for the fourth quarter and full year of fiscal 2023 on Wednesday, July 12, 2023 after the stock market closes.

MillerKnoll Schedules Fourth Quarter and Full Fiscal Year 2023 Conference Call and Webcast

With over 70,000 square feet of showroom and retail space, MillerKnoll's Collective of Design Brands are set to launch new products, share insights and exhibits, inspiring Design Professionals and Enthusiasts ZEELAND, Mich. , June 1, 2023 /PRNewswire/ -- MillerKnoll (NASDAQ:MLKN), a global leader in design, is bringing its collective of brands to life through Design Works, a multiple day event including product launches, exhibits, and engaging programming.

MillerKnoll Brings Design Works to Life for Fulton Market Design Days

The CEO of MillerKnoll ( MLKN , Financial), Andi Owen, faced social media backlash after encouraging employees to "leave Pity City" and focus on the company's goals. Since then, the company's stock has dropped by 24% year to date in 2023.

MillerKnoll Is in Pity City

CEO Andi Owen was rebuked for chastising her charges for being in "pity city" over bonuses -- this despite the fact that she pulled down millions.

MillerKnoll ‘threatened to fire workers' for speaking out about CEO's ‘pity city' rant

Andi Owen is the latest leader to face backlash after a video from a meeting is shared online.

MillerKnoll CEO Sparks Viral Outrage After Telling Staff to 'Leave Pity City'

“I had an old boss who said, ‘You can visit pity city, but you can't live there,'” Owen said. "So, people, leave pity city!

MillerKnoll CEO scolds workers over complaints about not getting bonuses: ‘Leave pity city!'

CEO Andi Owen told employees to stop asking what happens if they don't get a bonus, and instead focus on "the $26 million we need."

MillerKnoll CEO ‘Leave Pity City' Talk to Employees Sparks Social Media Outrage

Virtual event to be held on Thursday, March 30, 2023, at 3:00 pm ET ZEELAND, Mich. , March 27, 2023 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ: MLKN) announced today that members of its leadership team will participate in a virtual fireside chat, hosted by Water Tower Research's Head of Consumer Hardlines Budd Bugatch and Senior Research Analyst Rex Henderson on Thursday, March 30, 2023, at 3:00 pm ET.

MillerKnoll to Hold Investor Fireside Chat

MillerKnoll, Inc. (NASDAQ:MLKN ) Q3 2023 Earnings Conference Call March 22, 2023 5:30 PM ET Company Participants Carola Mengolini - Vice President, Investor Relations Andi Owen - Chief Executive Officer Jeff Stutz - Chief Financial Officer John Michael - President, Americas Contracts Debbie Propst - President, Global Retail Conference Call Participants Greg Burns - Sidoti & Company Reuben Garner - Benchmark Company Budd Bugatch - Water Tower Research Steven Ramsey - Thompson Alex Fuhrman - Craig-Hallum Capital Group Operator Good evening and welcome to MillerKnoll's Third Quarter Earnings Conference Call. As a reminder, this call is being recorded.

MillerKnoll, Inc. (MLKN) Q3 2023 Earnings Call Transcript

ZEELAND, Mich. , March 22, 2023 /PRNewswire/ -- MillerKnoll Inc. (NASDAQ: MLKN) today reported results for the third quarter of fiscal year 2023 which ended March 4, 2023.

MillerKnoll, Inc. Reports Third Quarter Fiscal 2023 Results

Initially Launched in the 1970s as Environmental Enrichment Panels for the Office, the New Poster Format Invites These Beloved Prints Home ZEELAND, Mich. , March 21, 2023 /PRNewswire/ -- It would be impossible to discuss mid-century design without Alexander Girard.

Herman Miller Opens the Vault, Reintroduces Eight Archival Alexander Girard Originals

ZEELAND, Mich. , March 6, 2023 /PRNewswire/ -- MillerKnoll, Inc. (NASDAQ: MLKN) will announce its financial results for the third quarter of fiscal 2023 on Wednesday, March 22, 2023 after the stock market closes.

News for MillerKnoll Stock (MLKN)